The 4 Ps of Pay for Success

The 4 Ps of Pay for Success

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Pay for Success (PFS) transactions are innovative and ambitious, as Living Cities has learned through its own experience during the past couple of years. These investments are designed to have social impact and also make a financial return – we fully expect to get our principal back and earn interest on our investment.

This infographic helps explain the building blocks of PFS. Inspired by the “5 C’s” of community development finance, Living Cities came up with the “4 P’s” of Pay for Success: Partnership, Program, Policy, Process.

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